Shankar Threads Private Limited

Manufactures agricultural and industrial threads for various industries.

1996 | Indore, Madhya Pradesh (India) | Active
Last Updated: December 14, 2024

Shankar Threads Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.75 M
  • Company Age 28 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.76 Cr
  • Satisfied Charges ₹ 3.02 Cr
  • Revenue Growth -6.16%
  • Profit Growth -67.86%
  • Ebitda -1.70%
  • Net Worth 4.72%
  • Total Assets -9.89%

About Shankar Threads

Shankar Threads Private Limited (STPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 November 1996 and has a history of 28 years and three months. Its registered office is in Indore, Madhya Pradesh.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 5.75 M.

The company currently has active open charges totaling ₹2.76 Cr. The company has closed loans amounting to ₹3.02 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ravi Sachdev and Rajat Sachdev serve as directors at the Company.

Company Details

  • Location Indore, Madhya Pradesh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    shankarthreads.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111MP1996PTC011409

  • Company No.

    011409

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Nov 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Manufacturing

What products or services does Shankar Threads Private Limited offer?

Shankar Threads Private Limited offers a wide range of products and services, including Yarns & Threads, Threads, Sewing Threads, Furnishing Yarns.

Who are the key members and board of directors at Shankar Threads?

Board Members (2)

Name Designation Appointment Date Status
Ravi Sachdev Country flag representing In Director 15-Nov-1996 Current
Rajat Sachdev Country flag representing In Director 09-Mar-2009 Current

Financial Performance of Shankar Threads.

Shankar Threads Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.16% decrease. The company also saw a substantial fall in profitability, with a 67.86% decrease in profit. The company's net worth moved up by a moderate rise of 4.72%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-6.16%
Revenue from Operations
-5.67%
Total Assets
-9.89%
Profit or Loss
-67.86%
Net Worth
4.72%
EBITDA
-1.70%

What is the Ownership and Shareholding Structure of Shankar Threads?

Unlock access to Shankar Threads's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.76 Cr

Satisfied Charges

₹3.02 Cr

Charges Breakdown by Lending Institutions

  • Others : 2.30 Cr
  • M.P. Financial Corporatioin : 0.30 Cr
  • Axis Bank Limited : 0.16 Cr

Latest Charge Details

Date Lender Amount Status
09 Dec 2019 Axis Bank Limited ₹1.60 M Open
04 Feb 2019 Others ₹2.30 Cr Open
09 Dec 1996 M.P. Financial Corporatioin ₹3.00 M Open
02 Mar 2017 Others ₹1.60 Cr Satisfied
28 Feb 2015 Hdb Financial Services Limited ₹1.05 Cr Satisfied

How Many Employees Work at Shankar Threads?

Shankar Threads has a workforce of 31 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shankar Threads, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shankar Threads's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Shankar Threads

Recent activity within the organization

  • Annual General Meeting

    Shankar Threads Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Shankar Threads Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Charges

    A charge registered on 02 Mar 2017 via Charge ID 100083907 with Others was fully satisfied on 03 Oct 2023.

    03 Oct 2023

  • Charges

    A charge with Others of Rs. 2.30 Cr registered on 04 Feb 2019 with Charge ID 100241000 was modified on 13 Sep 2023.

    13 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100310349 was registered on 09 Dec 2019.

    09 Dec 2019

  • Charges

    A charge with Others amounted to Rs. 2.30 Cr with Charge ID 100241000 was registered on 04 Feb 2019.

    04 Feb 2019

Frequently asked questions

  • Shankar Threads Private Limited was incorporated on 15 Nov 1996.

  • The authorized share capital of Shankar Threads Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.75 M.

  • Currently 2 directors are associated with Shankar Threads Private Limited.

    • Ravi Sachdev
    • Rajat Sachdev
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shankar Threads Private Limited is E-28 Sector-C, Industrial Area Sanwer Road India, Indore, Madhya Pradesh.

  • The corporate identification number (CIN) of Shankar Threads Private Limited is U17111MP1996PTC011409 and the company number is 011409 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shankar Threads Private Limited is https://www.shankarthreads.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Shankar Threads Private Limited has fallen by -6.16%.

  • As Per 2023 financial reports, 31 employees are currently employed by Shankar Threads Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Shankar Threads Private Limited has experienced an upsurge of 4.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Shankar Threads Private Limited amount to ₹ 2.76 Cr.

  • The most recent Balance Sheet for Shankar Threads Private Limited was filed with the ROC on 31 Mar 2024.

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